Angela Rayner has been accused of benefitting from a “prime residence” capital gains tax exemption on her former property in Greater Manchester.

The exemption, known as private residence relief, applies only to main homes and offers a 100 per cent relief on capital gains tax, which is paid on any increase in value.

This comes after the Conservatives called for an ethics inquiry to be launched into the Deputy Prime Minister’s tax affairs over claims she saved £40,000 in stamp duty on a second home she bought in Hove for £800,000.

Tory party chairman Kevin Hollinrake said the Deputy PM should “come clean on the litany of accusations of tax avoidance – be it stamp duty, council tax or inheritance tax”.

Rayner did not clarify whether she had benefited from the capital gains relief when

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